Senator Ron Johnson (R-Wisc) on whether broad losses for U.S. stocks, weak jobs data, and fresh anxiety out of the euro-zone will derail the economic recovery. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... I ... jobs for a second ... job to be a big deal in this Wisconsin rates ... but also the national level obviously jobs are huge huge issue ... do you think the of the structural problem with the jobs market in this country right now ... well I think it's ... probably good side is I ... get all the rules regulations governments to gender lines and resulting cost to government ... bill have ... been worse myself God by operators ... that bring our ... company for thirty one years ... we have over the decades later ... nope the rules and regulation layer upon layer upon layer ... the kids to get deported or under economy which was actually amazing all that ... even with all the ... salt notice that this missed ration is it you're gonna get small business owners in and that job creators ... if you want to move forward and I'd I'd be art and I make it if we have the right signal into two thousand twelve last week we like to present to actually values ... heartless them to actually ... for more IPOs may have happened happened YouGov are several provisions ... in the ... squad in St ... Sir John to hear knew you were looking a sixth straight day of ... losses on the stock market ... actually it's the it's the last time picking up steam ... do you think there's a problem with the recovery in this country he think the recovery is running out of steam ... the chairman of the market recovery to begin with ... that ... your people to get written about the deal to recovery work appears in what Pres Obama did for small Ronald Reagan did ... and Iran are rated his first ... quarters ... ever to six point one percent growth ... U guys he was dedicated to reducing government role in a wide reducer regulations at St ... president ... Obama has ... taken the exact opposite ... of ... Hackney east to strike in Cree's rolled up their allies increased access to new spending initiatives we have worked ... I think what's concerning right now is what's happening in Europe it to the economic model that import when there is it on the half ... to follow ... and that system is a quick laps ... so we should really be able to better when watching from it ... okay so it United States about ... the time government spending doesn't really work to get that ... in Europe the prom is that some on austerity not working ... how is it possible that both situations you have these these two ... things with too broad solutions ... will cost thirty ... both seem to be failing their economy to know what didn't work ... was ... getting your country into global temperatures RIM's interval ... in ... the fourth year of ... the fortune of U S dollar net expecting trap ... and when you ... get into so much yet yet I mean ... I related to ... people than individual circumstances don't feed your and get ... with your own Pursell Tammy Audi you grow your own personal economy ... and you can increase spending because every achieved our goals for church and that that ... than ever to occur in the country nation states that all ... men are ... going to agree that the reason is not working because now they're there and doing ... the fiscal austerity ... it's because they work ... I've ... spent way too much in incurred with too much debt and can be very difficult to unwind ... the fifth of the economic burden ...